UK - Morley Fund Management has appointed Douglas Crawshaw to its property team.
Crawshaw will be the fund manager of the Igloo Regeneration Fund, which invests in urban regeneration developments in UK towns and cities.
He will also be responsible for the Norwich Union Public Private Partnership Fund, Morley’s PFI property fund.
He joins from King Sturge where he was a senior associate in its financial services division.
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.